Croatia roadshows tricky turnaround story for Eu500m bond
Members of the Croatian government have been in London today roadshowing their intended Eu500m probable 10 year Eurobond, with support from lead managers Deutsche Bank and JP Morgan. The presentation demonstrated the Baa3/BBB- rated country’s healthy macroeconomic credentials, but also reeled out a long list of promised structural reforms, showing that the republic still has some way to go before it fulfills its self-proclaimed target of “full integration with the EU”.
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